Atlanta IPO Details

Bookbuilding IPO | ₹65 Cr | Listed at BSE, NSE | Fri, Sep 1, 2006 - Thu, Sep 7, 2006

Atlanta IPO Logo

Atlanta IPO is a book build issue of ₹64.50 crores. The issue is entirely a fresh issue of 0.43 crore shares of ₹64.50 crore.

Atlanta IPO bidding started from Sep 1, 2006 and ended on Sep 7, 2006. The shares got listed on the NSE and the BSE on Sep 25, 2006.

Atlanta IPO is set final issue price at ₹150 per share. The lot size for an application is 45 shares. The minimum amount of investment required by an individual investor (retail) is ₹6,750 (45 shares) (based on upper price). The lot size investment for sNII is 30 lots (1,350 shares), amounting to ₹2,02,500, and for bNII, it is 149 lots (6,705 shares), amounting to ₹10,05,750.

Karvy Investor Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.

Refer to Atlanta IPO RHP for detailed Information.

IPO Open

Fri, Sep 1, 2006

IPO Close

Thu, Sep 7, 2006

Issue Price

₹150 per share

Market Cap (Pre-IPO)

₹244.50 Cr

IPO Details

IPO Date1 to 7 Sep, 2006
Listed onMon, Sep 25, 2006
Face Value10 per share
Price Band₹130 to ₹150
Issue Price₹150 per share
Lot Size45 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

Total Issue Size43,00,000 shares
(agg. up to ₹65 Cr)
Fresh Issue 43,00,000 shares
(agg. up to ₹65 Cr)
Share Holding Pre Issue1,20,00,000 shares
Share Holding Post Issue1,63,00,000 shares
BSE Script Code / NSE Symbol532759 / ATLANTAA
ISININE285H01022

IPO Timetable

Issue Reservation

Atlanta IPO comprises a total issue size of 43,00,000 shares. The net offer to the public is 41,00,000 shares, after excluding 2,00,000 shares under a preferential allotment. Of the Net offer 20,50,000 (50.00%) are allocated to QIB, 6,15,000 (15.00%) allocated to NII 14,35,000 (35.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue Max Allottees
QIB Shares Offered 20,50,00050.00%47.67%NA
NII (HNI) Shares Offered 6,15,00015.00%14.30%NA
Retail Shares Offered 14,35,00035.00%33.37%31,888
Preferential Reservations
Employee Shares Offered 2,00,0004.65%NA
Total Shares Offered 43,00,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 45 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 45 ₹6,750
Retail (Max) 29 1,305 ₹1,95,750
S-HNI (Min) 30 1,350 ₹2,02,500
S-HNI (Max) 148 6,660 ₹9,99,000
B-HNI (Min) 149 6,705 ₹10,05,750
IPO Subscription Details

Investor Category Reservations

Application CategoryMaximum Bidding LimitsBidding at Cut-off Price Allowed
Only RII Up to Rs 2 Lakhs Yes
Only sNII Rs 2 Lakhs to Rs 10 Lakhs No
Only bNII Rs 10 Lakhs to NII Reservation Portion No
Only employee Yes
Employee + RII/NII
  • Employee limit: (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
  • If applying as RII: Upto Rs. 2 lakhs
  • If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs
Yes for Employee and RII/NII

About Atlanta Ltd.

Atlanta Limited started its business in the year 1977 as Atlanta Construction Co. (I) Ltd. as Bombay Municipal Corporation Contractors.

Company has now presence in Highways, Runways, Mining, Realty and Infrastructure Concessions.

City roads, highways, bridges, buildings, airports, reclamation, land development and surface mining when it comes to any of these engineering projects, ATLANTA has consistantly emerged in the forefront on the basis of quality and cost-effective execution.

Company Financials (Restated)

Period Ended31 Mar 200631 Mar 200531 Mar 2004
Assets281.84220.29150.84
Total Income109.4581.2862.07
Profit After Tax15.575.003.31
NET Worth65.7835.3923.99
Reserves and Surplus61.8235.8927.40
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Investment in BOT Project 42.92
2 Purchase of plant and machinery for Mining activities 8.07
3 Real Estate Projects 5.00
4 Purchase of plant and machinery for construction and real estate business 5.49
5 Repayment of high cost debt 10.00
6 Incremental working capital requirement 10.00
7 Issue Expenses 5.12

Key Performance Indicator (KPI)

Pre IPOPost IPO
Promoter Holding95.83%70.55%
Market Cap244.50 Cr.
Mr. Rajhoo Bbarot and Mr. Rikiin Bbarot are the promoters of the company.

Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Lead Management, underwriting and selling commissions 2.20
2 Advertising and marketing expenses 0.66
3 Printing and Stationery expenses 1.50
4 Others 0.76

Listing Day Trading Information

Price DetailsBSENSE
Final Issue Price150.00150.00
Open170.00175.55
Low170.00175.55
High209.50208.65
Last Trade192.30192.30

Check IPO Performance…

IPO Registrar

Kfin Technologies Ltd.

Contact Details

Atlanta Ltd. Address
101, Shree Ambashanti Chambers,
Opp. Leela Hotel,
Andheri - Kurla Road, Andheri (E)
Mumbai, Maharashtra, 400059
Open an Instant Account with Zerodha

IPO FAQs

Atlanta IPO is a main-board IPO of 43,00,000 equity shares of the face value of ₹10 aggregating up to ₹65 Crores. The issue is priced at ₹150 per share. The minimum order quantity is 45.

The IPO opens on Fri, Sep 1, 2006, and closes on Thu, Sep 7, 2006.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Atlanta IPO using UPI as a payment gateway. Zerodha customers can apply in Atlanta IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Atlanta IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Atlanta IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Atlanta IPO opens on Fri, Sep 1, 2006 and closes on Thu, Sep 7, 2006.

Atlanta IPO lot size is 45, and the minimum amount required for application is ₹6,750.

You can apply in Atlanta IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Atlanta IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Atlanta IPO allotment status.

The Atlanta IPO listing date is on Mon, Sep 25, 2006.

Compare: